Audit Brief: The 4 Levels of Audit Opinion and What They Mean

The first page of audited financial statements is the auditor’s report. This is an important part of the financials that shouldn’t be overlooked. It contains the audit opinion, which indicates whether the financial statements are fairly presented in all material…

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Tax Brief: Business Travel Deductions for Spouse

If you own your own company and travel for business, you may wonder whether you can deduct the costs of having your spouse accompany you on trips. The rules for deducting a spouse’s travel costs are very restrictive. First of…

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NFA Compliance: Exam Relief Extended

Due to the ongoing COVID-19 pandemic, NFA has allowed Members to conduct all calendar year 2020 and 2021 annual inspections of branch offices and guaranteed introducing brokers remotely.  NFA has recently extended this relief through the end of 2022. Members…

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